Goooood Morning Silicon Alley!

Best Tech Events This Week (LittleBits Makeathon, NYU Job Fair, Hack n Jill, German Innovation Showcase, Nolcha Fashion Week, ERA Happy Hour)

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This is a guest post from Gary Sharma (aka “The Guy with the Red Tie”), founder and CEO of GarysGuide and proud owner of a whole bunch of black suits, white shirts and, at last count, over 40 red ties. You can reach him at gary [at] garysguide.com.

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startup rundown

Startup News: Braintree Gets a $35 M. Boost, TED Gets Trippy, and Real Estate Gets Gamified

Jon Carin rocks (Photo: wikipedia.org)

Brain Boost This morning, Braintree, a Chicago-based online payments company announced, a $35 million series B round of funding. The round was led by New Enterprise Associates (NEA). By investing in Braintree, new investors join Accel Partners and others and the company’s total funding is now set at $70 million.

Braintree acquired the beloved bill splitting app, Venmo, back in August and has kept it independent so far. Braintree allows businesses to accept payments from costumers, but Venmo allows consumers to make payments to anyone. It’s a natural fit for both parties.

Braintree’s client list includes fast-growing startups like Uber, Fab.com, Airbnb, who use it, “through periods of rapid growth without disruption to their ability to accept payments,” the company said in an email to Betabeat. They also name-checked competitors like Stripe and PayPal, noting that one “big difference is that merchants receive their funds typically in two days with Braintree, vs. seven days with Stripe.” Read More

XX in Tech

The Perfect Ratio: New Hackathon Brings Ladies and Gents Together to Build Cool Products

Ms. Koo (twitter.com)

If you’ve ever been to a hackathon, you’re probably well-acquainted with the fact that the majority of attendees and participants are usually dudes. The paucity of gender diversity in tech is a controversial issue, but one that probably won’t be solved by responding to the over-saturation of Y chromosomes with an all-female hackathon. That’s where Hack’n Jill comes in.

Sponsored by Appnexus and hosted at the company’s headquarters, Hack’n Jill is a weekend-long summer hackathon that will bring together 50 men and 50 women in an effort to “create an environment where both genders feel welcome to build cool things together.” Read More